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# FINMA News

February 9, 2019 by at Blockchain, Exchange, Finance, News
Legendary Swiss stock exchange, SIX, is to incorporate blockchain technology into it's operations with the launch of the SIX Digital Exchange (SDX), this according to a report from Reuters, February 6, 2019. The SIX Digital Exchange According to the company website, SDX will be the first-ever exchange to offer customers...
Switzerland’s financial watchdog, the Swiss Financial Market Supervisory Authority (FINMA), unveiled a new set of guidelines on December 3, 2018, to propel the development of the local blockchain and cryptocurrency industry. Notably, local crypto startups will now be able to handle deposits of up to $100 million. Details of the...
The Swiss Financial Market Supervisory Authority (FINMA) has instructed banks in the country who handle cryptocurrency to weight cryptoassets at eight times their market value when calculating loss-absorbing capital. According to a secret letter quoted by swissinfo.ch in a story published on November 5, 2018, the regulator has imposed the...
Swiss-based forex broker and crypto-friendly bank, Dukascopy have announced the launch of its Ether contracts for differences (CFDs) after successfully adding Bitcoin CFDs to its product offerings earlier in the year, according to a Finance Magnates report on October 9, 2018. Dukascopy Bank Joins Crypto Bandwagon Per sources close to...
September 28, 2018 by at Bitcoin, Blockchain, Business, Finance, News
Swiss Financial Services Startup Seba Crypto AG, is looking to create a bank that offers cryptocurrency services to corporations while providing traditional banking services to the emerging cryptocurrency and blockchain industry, reported Reuters on September 27, 2018. The Swiss startup recently raised $103 million by some international investors including Black River...
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